The "Size Distribution of Income" Refers to the Distribution of Income

question 121

Multiple Choice

The "size distribution of income" refers to the distribution of income

• A)to a particular factor of production in different time periods.
• B)between capitalists and landowners.
• C)among different households without reference to the source of the income.
• D)between capitalists and workers.
• E)among different households with reference to the source of the income.

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Definitions:

Arbitrage Profit

Earnings realized from buying and selling the same asset in different markets to take advantage of differing prices for the same asset.

Corn Future Contract

A standardized legal agreement to buy or sell corn at a predetermined price at a specified time in the future, used as a financial instrument for speculation or hedging.

Spot Price

The current market price at which an asset can be bought or sold for immediate delivery.